Sunday, February 23, 2014

Shop.com: An E-Commerce Retailer Case Study

 
Shop.com is an e-commerce retailer that offers a comprehensive shopping experience on the web. According to the company’s Web site, you can compare the best online stores on the web in terms of price, shipping methods, and delivery schedule options to determine which works best for your needs and budget (Shop.com). This helps provide a more complete picture of all shopping options all in one place so there is no need to go to multiple stores.

Shop.com
Since the company delivers curated advice from shopping experts to save shoppers money, measuring site and product performance is critical. Shop.com previously used Adobe SiteCatalyst to monitor visitor traffic and customers, but experienced many challenges with the service. These challenges included in-house development tools that were too complex, high annual costs and maintenance, cost prohibitive training, incomplete reporting, and limited visibility into performance of SEM traffic sources (Google.com).

The company switched their Web analytics platform to Google Analytics because it was free, easier to use, and was fully configured to gain actionable insights. One of Google Analytics’ certified partners, Blast Advanced Media, worked with the Shop.com to understand their business goals and analysis objectives and develop a custom tracking strategy for easy access to reports containing actionable insight.

According to Google, “the transition to a custom Google Analytics configuration met all of their existing reporting needs as well as met new reporting goals that weren’t previously available. Shop.com gained better visibility into their many SEM traffic sources and millions of products in their marketplace. The end result was a successful implementation that exceeded Shop.com’s expectations (Google.com).

With Google Analytics fully implemented, Shop.com now has the information they need to make timely business decisions in order to improve their on-site experience and conversions. The platform now provides many benefits to the site including:
  • Free access to data with no ongoing yearly licensing fee
  • Custom reporting, conversion funnel and analysis features with no cost, saving Shop.com thousands of dollars
  • Fully integrated multiple Google AdWords accounts, providing consolidated insight to the marketing team
  • A more intuitive interface
  • Reduced training costs
  • Ease of access to information for multiple departments
  • Easy to setup separate data views for those with limited access levels
(Google.com).

Additional Tools for Shop.com
There are many additional tools and data collection methods that Shop.com could use to improve their overall web analytic efforts. These tools and data collection methods include the following:

Chartio: According to the GA summary page, Chartio provides a great visualization interface for data. Connecting GA to Chartio is easy with just a simple one-click authorization. Once connected, you can use Chartio to “go far beyond Google’s own interface to work with your data, building custom visualizations of your site traffic and conversions through an intuitive drag-and-drop interface” (Google.com). 

You can also use Chartio “alongside the world’s most popular databases” and “build entire dashboards of data from different sources, and even layer disparate data from the same chart” (Google.com). The app really improves the way companies can visualize data.

Shopalytic: Since Shop.com is an e-commerce retailer, having a tool like Shopalytic that will send detailed reports and infographics on sales data would be useful to the company. According to the Google app summary page, “Shopalytic turns your key Google Analytics E-commerce metrics into easy-to-understand reports and infographics. You can subscribe to a variety of reports and have them delivered to your inbox every week, month, or quarter (Google.com).

Custora: Another tool that could help Shop.com is an application called Custora. According to the Google app summary page, “Custora helps retailers understand who their best customers are, where they come from, and how to keep them coming back. Custora brings predictive power to your Google Analytics data. Segment your customers by Campaign, Source, Medium, Keyword (and more) to find out where your best customers come from” (Google.com).

Barillance Behavioral Targeting: Along with Shopalytic and Custora, Shop.com could also benefit from implementing the Barillance Behavioral Targeting application. This tool “allows e-commerce marketers to extract under performing customer segments from GA data and increase the conversion rates of these segments by showing them relevant and personalized messages and offers” (Google.com). With this tool, Shop.com can create a more personalized shopping experience for their customers, which will in turn increase their conversion rates.

Sprout Social: Shop.com will need an application to help them with social media engagement and generate social analytics reports. Sprout Social is an excellent, low-cost service that will help the company do just that. The platform helps companies effectively manage social channels and provides an exceptional customer experience. By integrating with Shop.com’s Google Analytics, the company will be able to see their web traffic in relation to their social media activity on a single dashboard (Google.com).

According to PC World, “The thing that makes SproutSocial stand out is the clarity of its interface and its general simplicity. Feature-wise, it's just as useful as Nimble, and even better than MultiMi or HootSuite, but unlike these well-known services, SproutSocial has almost no learning curve, and is a joy to use from the second you open an account to the minute you finish working for the day” (Lancet, 2013).

Moz Analytics: All e-commerce websites can benefit from SEO and social media optimization software in order to effectively increase web traffic and sales, especially when up against stiff competition. Moz Analytics is one of the best tools Shop.com can use to improve their SEO and social media efforts. The platform allows marketers to track their online content, search marketing, social activity, brand mentions, and inbound links all on one platform (Moz.com).  When integrated with Google Analytics data, Moz has the ability to track and rank keyword searches and traffic (Patel, 2013).

Conclusion
In conclusion, Shop.com has already seen a lot of success with the implementation of its web analytics platform, Google Analytics. With the addition of several tools and data collection methods such as Chartio, Shopalytic, Custora, Barillance Behavioral Targeting, Sprout Social, and Moz Analytics, the company will be able to improve their overall web analytics efforts. Shop.com will also be able to increase sales and web traffic with these tools, which can help them stand out against the competition.

References:

Google.com. Shopalytic. Retrieved February 23, 2014 from http://www.google.com/analytics/apps/about?app_id=5885170347409408

Shop.com. SHOP.com switches from Omniture to Google Analytics for better insights, conversions and value. Retrieved February 22, 2014 from https://www.google.com/analytics/customers/

Google.com. Sprout Social. Retrieved February 23, 2014 from http://www.google.com/analytics/apps/about?app_id=1240001

Lancet, Y. (2013, July 8). Review: Sprout Social, a social management dashboard you'll truly enjoy using. Retrieved February 23, 2014 from http://www.pcworld.com/article/2043003/review-sproutsocial-a-social-management-dashboard-youll-truly-enjoy-using.html

Moz.com. Moz Analytics. Retrieved February 23, 2014 from http://moz.com/products

Patel, N. (2013, September 30). How Google’s move to 100% (not provided) helps you become a much better marketer. Retrieved February 23, 2014 from http://www.quicksprout.com/2013/09/30/how-googles-move-to-100-not-provided-helps-you-become-a-much-better-marketer/

Shop.com. About us. Retrieved February 22, 2014 from http://www.shop.com/aboutushome-t.xhtml

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